Record Company Never paid STAINED any royalties

Anyone here love "It's Been Awhile "? They got some "advances" on their song, but have never received royalties, and Aaron Lewis says "We still owe them money"

 

I've read here and there over the years that record companies use "creative " financing to fuck artists out of their money.

 

THIS SONG IS EVERYTHING to me
It's on my Playlist leftover from the pandemic

I love artists so much, and they've been screwed over since time immemorial
Art Is Life
Music is Life

 

Thanks for putting this on here. The 436+ plays on it will be from me

 

Love this song!

 

it's on my playlist

 

My first job at Atlantic Records was in the Royalties dept. I've read those contracts and learned to write simplified ones when I started my own independent label. Pretty interesting, but one thing bands eventually realize is that you have to recoup all the money spent on them (videos, recordings, etc) plus a share of the company overhead. You have to sell a lot of records to get in the black to receive royalties. e.g. Every quarter I had to hand deliver million dollar checks to Metallica's A&R guy.

The percentage of royalties also depends on contract negotiations. An already successful band will have higher royalty rates. Bands starting out, not so much. Plus, never sign away your publishing rights. That's where the money is at. Or at least where it was. I've been out of the industry for a long time.